17th May 2006 09:11
Faroe Petroleum PLC17 May 2006 Faroe Petroleum Plc ("Faroe Petroleum" or "the Company") Significant shareholding The Company was notified on 16 May 2006 that the shareholding held in the names of MHR Institutional Partners LP, MHRM LP, MHR Capital Partners (100) LP and MHR Capital Partners Master Account LP has an interest in 3,923,220 Ordinary Shares (5.32%), that Mark H.Rachesky is interested in such shares and which are registered as follows: Account No. of sharesMHR Institutional Partners LP 2,334,314MHRM LP 248,337MHR Capital Partners (100) LP 157,955MHR Capital Partners Master Account LP 1,182,614Total 3,923,220 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Faroe Petroleum Plc